Description
Huge Income Potential with this 5 Plex in Melbourne near US1, Eau Gallie Art District, Downtown Melbourne and Beaches. New roof January 2022. 4 units are currently rented from $850 - $995 as of 6/1/2022 generating just under $3800 in monthly rents. 5th unit should be occupied by July 1. Annual income when all 5 units rented at $950+ = $57,000+/yr $4750 Projected Monthly Rent Expenses 2022Taxes $208/month Insurance $129/month Lawn Service $45/month Pest $141/month Property Management $400/month All units are plumbed for HVAC. Several units use window units per tenants choice. All units have AC with varying ages. Electric & water separately metered
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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2,678SQFT
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$198$/SQFT
School Information
Description
Huge Income Potential with this 5 Plex in Melbourne near US1, Eau Gallie Art District, Downtown Melbourne and Beaches. New roof January 2022. 4 units are currently rented from $850 - $995 as of 6/1/2022 generating just under $3800 in monthly rents. 5th unit should be occupied by July 1. Annual income when all 5 units rented at $950+ = $57,000+/yr $4750 Projected Monthly Rent Expenses 2022Taxes $208/month Insurance $129/month Lawn Service $45/month Pest $141/month Property Management $400/month All units are plumbed for HVAC. Several units use window units per tenants choice. All units have AC with varying ages. Electric & water separately metered
© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Your Property Pros LLC are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Property Pros LLC.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-06-30T00:10:12.763.